Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Bought by Marshall Wace LLP

Marshall Wace LLP boosted its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK - Free Report) by 69.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,051 shares of the financial services provider's stock after purchasing an additional 6,981 shares during the quarter. Marshall Wace LLP's holdings in Green Brick Partners were worth $963,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in shares of Green Brick Partners by 15.3% in the third quarter. Principal Financial Group Inc. now owns 158,760 shares of the financial services provider's stock valued at $13,260,000 after buying an additional 21,012 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Green Brick Partners by 9.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 397,624 shares of the financial services provider's stock valued at $22,462,000 after acquiring an additional 33,152 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Green Brick Partners during the 4th quarter worth approximately $9,488,000. Proficio Capital Partners LLC acquired a new stake in Green Brick Partners during the 4th quarter worth approximately $1,152,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Green Brick Partners in the 4th quarter valued at approximately $261,000. Institutional investors and hedge funds own 78.24% of the company's stock.

Green Brick Partners Stock Performance

NASDAQ:GRBK traded down $0.21 during mid-day trading on Monday, reaching $60.00. The stock had a trading volume of 140,913 shares, compared to its average volume of 376,557. Green Brick Partners, Inc. has a twelve month low of $50.57 and a twelve month high of $84.66. The business has a 50 day simple moving average of $58.00 and a 200 day simple moving average of $62.12. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 7.79 and a beta of 1.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.63 and a current ratio of 7.57.

Green Brick Partners (NASDAQ:GRBK - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates of $1.70 by ($0.03). Green Brick Partners had a net margin of 17.70% and a return on equity of 25.35%. During the same period in the previous year, the company earned $1.82 earnings per share. Green Brick Partners's revenue was up 11.2% compared to the same quarter last year. On average, analysts expect that Green Brick Partners, Inc. will post 8.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wedbush reaffirmed a "neutral" rating and set a $70.00 price target on shares of Green Brick Partners in a report on Friday, February 28th.

Green Brick Partners Profile

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.